RE:Doesn't require a vote?osirus1 wrote: If they have 59,897,800 shares which is only 18% maybe 19% and price jumped over a dollar whether this goes through or not they are coming out a head at least an extra $59,897,800 if they sell. This could be interesting if all share holders get a vote including those under water from buy before october's crash
Every oil/gas takeover I've seen has included a shareholder vote. However, I do not know if this is a legal requirement. Perhaps somebody on the board has these expertise?
Even if there is a vote, it is not likely to matter much if the BOD is on board. Good to know, though.